Related Parties Transactions |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Related Parties Transactions | |
| Related Parties Transactions | 21. Related Party Transactions As of each of March 31, 2026 and December 31, 2025, the Company owed $4.4 million and $2.0 million, due to related parties. Details surrounding the lending relationships between the Company and Chicago Atlantic, are described in Note 11 “Long-Term Debt” and Note 12 “Convertible Notes.” During the three months ended March 31, 2026 and 2025, the Company paid Chicago Atlantic $1.5 million and $0, respectively, for certain underwriting services, legal services, accounting services, data analytics services, and real estate services. John Mazarakis, Vireo Growth’s Chief Executive Officer, is a partner of Chicago Atlantic Group, LP, an affiliate of Chicago Atlantic Admin. See "Item 13. Certain Relationships and Related Transactions and Director Independence" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 for more information. |